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144 ENAV – 2014 Financial Statements

                                                    ENAV has brought a civil action in the criminal proceedings against a former
                                                    chairman of the board of directors of ENAV, a former executive of ENAV
                                                    and senior management of a third party company – a former supplier of the
                                                    subsidiary Techno Sky – in connection with offences pursuant to articles
                                                    81, 319 and 321. This proceeding is in the process of being joined with
                                                    that involving another former executive of ENAV who has been charged
                                                    with the same offences, in relation to whom the Company will bring a civil
                                                    action.

                                                    An order has been issued to dismiss a criminal proceeding for an alleged
                                                    offence pursuant to article 323 of the Italian criminal code concerning a
                                                    former managing director and pursuant to article 640, paragraph 2.1 of the
                                                    Italian criminal code concerning a former executive.

                                                    As far as is known the criminal proceeding is continuing against an
                                                    executive of the Company for an alleged offence pursuant to article 378 of
                                                    the Italian criminal code following notification served on the respondent on
                                                    29 August 2013 giving notice that the preliminary investigations pursuant
                                                    to article 415-bis of the Italian code of criminal procedure have been
                                                    completed.

                                                    A criminal proceeding is pending against, amongst others, a senior
                                                    executive of a former construction planning company, a former managing
                                                    director and former director of ENAV and a senior executive of an ENAV
                                                    subcontractorconcerning alleged offences pursuant to article 110 of the
                                                    Italian criminal code, article 7, paragraphs 2 and 3 of Law no. 195/1974
                                                    and article 4, paragraph 1 of Law no. 659/1981, as well as alleged offences
                                                    pursuant to article 8 of Law no. 74/2000, with specific reference to
                                                    subcontracts regarding the contract for the modernization of Palermo
                                                    airport. In respect of this proceeding, on 8 April 2014 documentation
                                                    available to ENAV was delivered to the judicial authorities; in addition, the
                                                    Company has engaged a party to conduct a preliminary assessment on
                                                    adopting protection measures.

                                                    Following, amongst other things, the completion by settlement of
                                                    the criminal proceedings regarding offences emerging as part of the
                                                    investigations carried out by the Rome public prosecutor in the years 2010
                                                    and 2011 concerning former directors, former senior executives of suppliers
                                                    no longer in business and former senior executives and executives and
                                                    consultants of third party companies, ENAV has undertaken out-of-court
                                                    initiatives preliminary to any action designed to obtain compensation
                                                    for the damage, also to its reputation, caused to the Company, in order
                                                    amongst other things to interrupt the period of limitations.

                                                    In relation to the theftof the goods and materials belonging to ENAV that
                                                    were held on deposit with third parties, in February 2014 ENAV filed a
                                                    formal criminal complaint in addition torequesting the insurance company
                                                    to carry out verifications as to whether the loss is covered by the Company’s
                                                    policy.

                                                    Following the filing of the criminal complaint by ENAV, the public prosecutor
                                                    brought a criminal action, as part of which the Company has received as
                                                    the injured party a copy of a request for the immediate committal for trial
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